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15708 Industrial Pky
Cleveland, OH 44135

$1,725,000 USD

Warehouse For Sale • 30,055 SF

Property Details

Property Type Warehouse
Total Building Size 30,055 SF
Lot Size 1.17 AC
Building Class B
Year Built 1974
Cap Rate 9.57 %
Tenancy Single
Zoning N/Av, Cleveland

31 Transit Score

11 Walk Score

                
                    Highlights
                
                                10-Year single-tenant sale-leaseback investment opportunity
                            
                                Absolute Net Lease structure | Zero landlord responsibilities
                            
                                Extremely tight industrial submarket | Minimal vacancy in immediate industrial park
                            
                                0.50% Vacancy rate of Class B & C industrial pr oduct within a three-mile radius
                            
                                Minimal office build-out | 86% Warehouse/manufacturing space
                            
                                Less than two miles from access to Interstate 71 and Interstate 480 | Less than three miles from Cleveland Hopkins International Airport

Property Flyers

Industrial Pkwy, 15708_Cleveland, OH (Offering Memorandum)

Financial Summary

Cap Rate:

9.57 %

Public Transportation

Airport	Drive	Walk	Distance
Cleveland-Hopkins International	10 min	-	4.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	25
Type:	Surface
Included in Rent:	Yes

Jennifer Allen 323-574-0876 Marcus & Millichap

15708 Industrial Pky Cleveland, OH 44135